Housing zone announced for Bromley
by Marco Cillario Fri 11 March 2016, 12:53 pm
Bromley North has been identified as a housing zone by the mayor of London.
It is among the 11 new housing zones announced by Boris Johnson on 10 March and is set to provide 1,468 new units.
Housing zones are areas designated to stimulate and speed up housebuilding, regeneration of brownfield sites and development of supporting infrastructure through a range of planning and financial measures.
An additional £200 million has been invested by the mayor for the 11 new zones, which will provide 24,554 new homes.
London now has 31 housing zones, for which £600 million in funding has been made available, estimated to deliver 77,000 new properties – 34% of which are aimed at being affordable – and create 150,000 jobs over the next 10 years.